STI inches up 0.36%, in line with some regional indices

Venture Corp among top performing stocks, closing at $20.46 - the highest in a year.

Tay Peck Gek

Published Wed, Oct 7, 2020 · 09:50 PM

THE Straits Times Index (STI) ended trading on Wednesday with a 0.36 per cent gain or 9.1 points higher at 2,538.36, in line with some regional key indices.

Venture Corp was one of the top-performing STI stocks, having gained S$0.58 or 2.92 per cent for the day to close at S$20.46 - the highest in a year, Bloomberg showed.

DBS group research recommended in a report dated Oct 6 that investors maintain their exposure to technology, and cited Venture as one of the beneficiaries of a powerful shift in structural demand to information technology infrastructure, 5G and data centres.